Growing The Debt

A CRFB analysis shows the Senate's tax bill could raise national debt to 126% of GDP by 2034, with deficits potentially projected to rise by $4 trillion according to the report.

Trump discusses plans to replace Federal Reserve Chairman Powell in a FOX Business interview, criticizing high interest rates as the U.S. faces refinancing $9 trillion in debt.

The Treasury Department faces the challenge of refinancing $11 trillion in U.S. debt within a year as President Trump calls for the Fed to cut interest rates to lower debt costs.

Treasury Secretary Scott Bessent is on Capitol Hill testifying before the House Ways & Means Committee hearing.

The One Big Beautiful Bill Act, backed by President Trump and Republicans, would add $2.3 trillion to budget deficits, according to a CBO estimate.

Moody's downgrade of the U.S. credit rating made it the third of the three major ratings agencies to downgrade U.S. credit since 2011 amid widening budget deficits.

Treasuries have historically served as a key safe-haven asset for investors, including foreign governments, while also helping the federal government finance its growing debt.

The Congressional Budget Office's long-term budget outlook shows deficits widening in the years ahead, driven primarily by spending on Social Security, Medicare and interest expenses.

The Congressional Budget Office estimated that the U.S. faces the risk of defaulting on its debt in August or September if lawmakers don't act to raise the debt limit before then.

Moody's said that the U.S. government's fiscal strength is deteriorating due to widening budget deficits and a growing national debt, a trend which is expected to continue.

U.S. Postmaster General Louis DeJoy announced his resignation from his post after nearly five years of running the postal service and amid financial turmoil.

President Donald Trump spoke to reporters aboard Air Force One on Sunday and commented that the U.S. debt may be smaller than thought because of unspecified fraud.

As President Donald Trump begins his second term in the White House, the country faces several key fiscal policy deadlines this year, including the debt limit and expiring tax cuts.

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track to break a notable debt record in just four years.

Fitch Ratings released a report warning that Congress could struggle to raise or suspend the debt limit while also dealing with annual spending bills and an anticipated tax reform bill.

Penn Wharton Budget Model analysis outlines policies the Trump administration could pursue to reduce the long-term growth of the national debt while spurring additional economic growth.

The U.S. national debt broke a new record after crossing the $36 trillion mark for the first time as the federal government's mounting budget deficits cause the debt to surge.

The winner of the presidential election and majorities in Congress will face several looming fiscal deadlines for the national debt, spending levels and expiring tax cuts in 2025.

A new analysis by the Committee for a Responsible Federal Budget (CRFB) found that former President Trump's and Vice President Harris' economic plans would add trillions to the debt.

The federal government ran a more than $1.8 trillion budget deficit in FY2024, which ranked as the third-largest in history after even larger deficits were incurred in recent years.